Rays of Research on Real Estate Development

ISBN-13: 9781631576003 / Angielski / Miękka / 2016 / 150 str.

Jaime Luque

Opis

Real estate development accounts for one of the major economic sectors in most countries, yet during the last two decades research on this important topic has been scattered. This textbook brings together some of the most important results on this subject. The book is written in a pedagogical way and covers crucial aspects of this industry such as growth management and real options, land use regulations, mixed housing developments, taxes, externalities, housing affordability problems, land prices and uncertainty, public infrastructures, and housing supply. Previous books on this topic focused on the different stages of the process of real estate development, explaining the basics of idea conception, feasibility, planning, financing, market analysis, contract negotiation, construction, marketing, and asset management. The book proposed here is different. It examines the latest research findings on the topic to provide a unique perspective on the effect of important factors, such as volatility, competition, taxes, land prices, employment growth, and government programs, on the real estate construction process, differentiating among the different types of real estate developments (e.g., residential, commercial (office and industrial land), and public infrastructure construction). nd prices and uncertainty, public infrastructures, and housing supply